Oil and gas service and technology provider AGR says a unit it launched in Aberdeen earlier this year to tackle the problem of sourcing rigs in a tight global market is already proving its worth.
The new rig team, headed up by Duncan Weir, is mainly focused on the North Sea but also targeting the Falklands, the Mediterranean and Africa.
Mr Weir said: “The worldwide market ramped up about five years ago and remains exceedingly tight, particularly for deepwater operations.
“The North Sea is perhaps the toughest market and it has been getting harder and harder for companies to get their hands on rigs there and in other areas.”
Norway-based AGR said rig-use in the North Sea was 100%, with about 40 plus semisubmersibles in action, the same number of jack-up rigs and two drill ships.
Availability of units in the North Sea is expected to remain scarce in the short to medium-term.
“There is a lot of general information around on rig capacity but AGR wanted to get behind that and get a good handle on what’s actually happening in the market,” said Mr Weir.
He added: “With that knowledge, which we keep constantly refreshed and up-to-date, we aim to bring together the drilling contractors and the needs of our clients and bring them into the AGR network.”
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